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    Troll option exercised

    Contracts, Tenders and Rates // May 17, 2004
    Ocean Rig says the partners in the Troll Oil field have exercised their option to drill one well prior to the Barents Sea programme with the nominated rig for this programme.

    If drilling of this well should be in conflict with the drilling window for the Barents Sea program, Ocean Rig will not have an obligation to drill the well.

    The value of the contract is US$4.5 million and expected duration is 21 days.

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